Term Reverse Repurchase Agreements: Federal Agency Securities Sold by the Federal Reserve in the Temporary Open Market Operations

RRPTMAGYD • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

11/28/2018 - 5/15/2019

Summary

Term Reverse Repurchase Agreements (RRPs) represent a critical monetary policy tool used by the Federal Reserve to manage short-term liquidity in financial markets. These transactions help the Fed control money supply and influence short-term interest rates by temporarily selling and repurchasing securities.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

RRPs are sophisticated financial instruments where the Federal Reserve sells securities with an agreement to repurchase them at a later date, effectively functioning as a short-term collateralized loan. Economists closely monitor these transactions as they provide insights into market liquidity, monetary policy implementation, and overall financial system stability.

Methodology

Data is collected through the Federal Reserve's daily trading operations and aggregated to track the total value of these temporary securities transactions.

Historical Context

These agreements are a key mechanism for the Federal Reserve to fine-tune monetary policy, manage excess bank reserves, and maintain target federal funds rates.

Key Facts

  • RRPs help manage short-term market liquidity
  • They are a flexible monetary policy instrument
  • These transactions impact short-term interest rates

FAQs

Q: What are Reverse Repurchase Agreements?

A: Reverse Repurchase Agreements are financial transactions where the Federal Reserve sells securities with an agreement to buy them back at a predetermined price and date, effectively providing short-term liquidity to the financial system.

Q: Why does the Federal Reserve use RRPs?

A: The Fed uses RRPs to control money supply, manage short-term interest rates, and maintain financial system stability by providing or absorbing excess bank reserves.

Q: How are RRPTMAGYD values calculated?

A: The RRPTMAGYD series tracks the total value of these temporary securities transactions, aggregated from the Federal Reserve's daily trading operations.

Q: How do RRPs impact financial markets?

A: RRPs influence short-term interest rates, provide market liquidity, and serve as a key tool for implementing monetary policy decisions.

Q: How frequently is this data updated?

A: The RRPTMAGYD data is typically updated daily, reflecting the Federal Reserve's ongoing monetary policy management and market operations.

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Citation

U.S. Federal Reserve, Term Reverse Repurchase Agreements: Federal Agency Securities Sold by the Federal Reserve in the Temporary Open Market Operations [RRPTMAGYD], retrieved from FRED.

Last Checked: 8/1/2025